The Cardano price is back above $1, recording a gain of over 12% in the last seven days. While the altcoin looks to have enjoyed its bullish momentum and is now cooling off, other Cardano rivals are just picking up steam and could help investors turn $2,000 to $200,000 before the first quarter of next year.
Cardano Rivals To Turn $2,000 To $200,000 Before Q1 2025
The Cardano price is closing the year off on a high, having recorded a slow start. Amid this development, there are also other coins that could end the year on a high and help investors make massive gains before the first quarter of next year. Let us explore them.
Polkadot (DOT)
Like Cardano, Polkadot (DOT) started the year slowly but is now picking up and could end the year on a high. This bullish outlook for Polkadot stems from both a fundamental and technical perspective.
The on-chain analytics platform Token Terminal recently revealed that the monthly transaction count in the Polkadot ecosystem is at an all-time high (ATH). The monthly transactions have increased from around 20 million to 60 million since the beginning of the year.
From a technical perspective, crypto analyst Ali Martinez stated that the Cardano rival is sticking to the plan. He predicts that the Polkadot price could rally to $10 or $11, retrace to $7.5, and then rally to %422, which could pave the way for a parabolic rally to the upside.
NebulaStride Token (NST)
NebulaStride is another Cardano rival that could produce massive returns for investors before the first quarter of next year. NST stands out from the other coins listed because it is still in its presale stage, meaning that it has more room to run to the upside and easily turn $2,000 to $200,000.
NST is currently sold at $0.02 in its presale stage and could trade at around $1 when it finally hits exchanges, representing a 4,900% price surge. The token’s fundamentals support such a parabolic price surge as NebulaStride is in a good position to become the next big project in the crypto and finance space.
The blockchain project is making the financial world more decentralized and accessible by integrating smart contracts with special functionalities. With such amazing features on its blockchain, NST could become a dominant force in the decentralized finance (DeFi) space.
JasmyCoin (JASMY)
JasmyCoin is another Cardano rival that boasts a bullish outlook from a fundamentals and technical perspective, indicating that it could enjoy a massive rally to close out this year. With the Bitcoin price reaching, the on-chain analytics platform Santiment stated that JASMY is seeing a significant rise in discussions across social media.
Meanwhile, crypto analyst Javon Marks stated that the JasmyCoin price had set new post-breakout highs, climbing approximately 1,500% since breaking out and that the rally might still be far done. With a breakout target of $4.47842, the analyst predicted that there could still be a rally of over 9,000% from its current level.
Avalanche (AVAX)
Avalanche is also showing signs of an imminent bull run, having recorded a slow start to the year. The crypto is up over 17% in the last seven days and could record a massive rally before the year ends.
Crypto analyst Investing Haven suggested that the $55.54 level is the key area to watch for AVAX as it aligns with Fibonacci retracements. The analyst stated that a beak above that level supports long-term growth, which could pave the way for a rally to triple digits price.
Conclusion
While the Cardano price could still enjoy a significant rally, these rivals undoubtedly have more room to rally to the upside and could provide investors with more returns. NebulaStride’s presale is one that investors should check out, as the project could be the next big thing in the crypto space.
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